financetom
Market
financetom
/
Market
/
US STOCKS SNAPSHOT-US stock index futures extend gains after May nonfarm payrolls data
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US STOCKS SNAPSHOT-US stock index futures extend gains after May nonfarm payrolls data
Jun 6, 2025 6:02 AM

June 6 (Reuters) - U.S. stock index futures extended

gains on Friday after a stronger-than-expected jobs report

calmed worries over the health of the labor market in the wake

of President Donald Trump's tariff war.

A Labor Department report showed nonfarm payrolls increased

139,000 in May, compared with estimates for a rise of 130,000,

according to economists polled by Reuters.

The unemployment rate stood at 4.2%, in-line with a forecast

of 4.2%.

At 08:30 a.m. ET, Dow E-minis were up 232 points,

or 0.57%, S&P 500 E-minis were up 36.25 points, or

0.63%, and Nasdaq 100 E-minis were up 142.75 points, or

0.66%

(Reporting by Sukriti Gupta in Bengaluru; Editing by Arun

Koyyur)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Hong Kong stocks score 8-day winning streak as Fed tone less hawkish than feared
Hong Kong stocks score 8-day winning streak as Fed tone less hawkish than feared
May 2, 2024
(Updates to market close) By Summer Zhen HONG KONG, May 2 (Reuters) - Hong Kong stocks kick started May on a strong note on Thursday, after less hawkish-than-expected comments from the U.S. Federal Reserve, while Beijing vowing to step up economic support also buoyed sentiment. The Hang Seng Index closed 2.5% higher, notching eighth straight day of gains, led by...
SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST
SNAPSHOT-India stocks, rupee, swaps, call at 1:00 p.m. IST
May 2, 2024
MUMBAI, May 2 (Reuters) - STOCKS: The benchmark BSE Sensex rose 244.21 points, or 0.33%, to 74,726.99, while the broader NSE index gained 80.8 points, or 0.36%, to 22,685.65, in line with Asian peers, after a less hawkish U.S. Federal Reserve downplayed an interest rate hike, while a drop in global oil prices helped cool domestic inflation fears. RUPEE: The...
Euro zone yields slip after Fed signals rates higher for longer
Euro zone yields slip after Fed signals rates higher for longer
May 2, 2024
LONDON, May 2 (Reuters) - Euro zone bond yields edged lower on Thursday after the U.S. Federal Reserve held interest rates steady and signalled it might have to leave rates elevated for longer than previously expected. Fed Chair Jerome Powell told reporters that inflation was too high and progress in bringing it down was uncertain. He set the stage for...
Russian rouble strengthens against US dollar, stocks rise
Russian rouble strengthens against US dollar, stocks rise
May 2, 2024
May 2 (Reuters) - The Russian rouble strengthened against the U.S. dollar on Thursday. By 0756 GMT, the rouble was 0.8% higher at 92.30 to the dollar. Against the euro, the rouble rose 0.7% to 99.02 and gained 0.7% to 12.71 against the yuan . Brent crude oil, a global benchmark for Russia's main export, rose 0.9% to $84.16 a...
Copyright 2023-2025 - www.financetom.com All Rights Reserved